The Money Academy
BitMint

Thank you for visiting the WEB home for the new international mint:

When BitMint opens for business (2012) You will be able to purchase here BitMinted coins () against Dollars (), and later against Euros(), Yen (), or any another acceptable currency. You will then send the coin to a seller or a friend somewhere in the world, and he or she will redeem the coin in their local currency. BitMint is an extension -- not an extinction -- of the prevailing global monetary system. BitMint does not "occupy Wall Street", it occupies a technological vacuum. BitMint is the most serious cryptographic solution to the challenge of digital currency.

BitMint expresses money as a string of bits, and as such you can safely store your wealth on your computer, or on your phone (secured through high-end cryptographic vaults). You can pay, and get paid by sending or receiving a bona fide BitMint coin, -- exchange money with traders around the counter (swipe), across the room (Bluetooth), or a continent apart (IP) -- instantly!

BitMint coins, (), can be turned into cash and used anonymously, (fraud-resistant anonymity), or they can readily be tethered to you as the only party that can make use of these coins. The BitMint coins can also be limited to purchase in a designated store (functioning as loyalty currency, like generic air-miles), and they are native to micropayments -- buy per-page, or per-minute use on the Internet.

BitMint coins (), can be easily split at any desired resolution -- so you can pay an exact amount (never again count change) -- either by waving your phone, or by texting-off your BitMint coin, or rather through email -- one Dollar or a million Dollars, to a friend, or to a stranger.

It is not "The Global Village" until we all can trade with each other as neighbors, handing over cash, priming the economy. That's the BitMint vision.

BitMint pays homage to its predecessors, the pioneers who understood early on that the same veins that permit data, audio, and video to flow around the globe, will also admit money. Today, the Internet passes around instructions for two accounts to exchange contents. It is a world different from money per-se: stored value, transferred not between two banks but between two IP addresses. What DigiCash tried, and Bitcoin is still trying, is a revolution sneaking in on the banking and payment industry, not properly appreciated even today. Money in the form of a string of bits will change our daily culture the way paper money did when it replaced gold coins. Possibly no one has the imagination to clearly foresee how trade, business, international interdependency, innovation productivity, politics, and social welfare will all take up a new form, on account of money finishing its long climb from barter to metal weights, to gold coins, to paper. Money has finally achieved the peak of abstraction: just bits, lined-up bits. The media that carries these bits is whatever makes the storage, or the movement of value and wealth most convenient. The bits are the money - light, fast, secure; and all the good things that money facilitates will fare better.

Join in on the ground floor: purchase the first batch of BitMint coins - collectors' edition. Follow us on .

The BitMint is under construction in Tel-Aviv, Israel by a professional team led by BitMint Ltd, in cooperation with IBM, consistent with IBM "Smart Money" vision.

We are lining up corresponding banks and financial institutions around the world. For business inquiries please contact Mr. Amnon Samid, CEO. For technology inquiries please contact Prof. Gideon Samid, CTO.

BitMint technology is based on US Patent 6,823,068, and pending patents around the world.